Air Charter Service Plc

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Air Charter Service Plc - overview

Established

1990

Location

Surbiton, Surrey, UK

Primary Industry

Transportation Services

About

Air Charter Service Plc specializes in private and cargo aircraft charters, offering customized travel solutions for businesses, governments, and individual clients, ensuring efficiency and luxury in air travel. Founded in 1990 and headquartered in Surbiton, UK, Air Charter Service Plc provides charter services for private jets and cargo aircraft. The company has expanded its global reach with offices in various locations, serving clients across North America, Europe, Asia, and Africa. The firm has completed one significant deal, with the most recent investment occurring in October 2016, when Alcuin Capital Partners acquired a minority stake in the company.


The CEO team includes Alex Sadler and several other key leaders, contributing to the company's strategic vision and operational expertise. Air Charter Service operates primarily in the private and cargo aircraft charter industry, delivering tailored solutions for a diverse range of clients, including businesses, governments, and individual travelers. The core offerings encompass private jet charters, cargo aircraft charters, and aircraft leasing, focusing on flexibility, luxury, and efficiency in travel. The company facilitates business and leisure travel, allowing customers to reach destinations conveniently, thereby addressing time-sensitive transportation needs.


Its clientele includes corporations for employee travel, sports teams for logistical support, and humanitarian organizations for urgent cargo transport. With access to over 50,000 aircraft globally, Air Charter Service caters to various geographical demands. In the most recent year, 2023, Air Charter Service reported a revenue of USD 62. 81 mn and an EBITDA of USD 37.


28 mn. Revenue is generated primarily through transaction-based models, including charter services for private jets and cargo aircraft, as well as leasing arrangements. The company's pricing structures depend on the specific aircraft and service level offered, supporting revenue through individual and group charters, along with specialized services for sectors such as sports and pharmaceuticals. Air Charter Service aims to enhance its market offerings by developing new products focused on increasing efficiency and customer satisfaction.


The company plans to expand into additional markets across Asia and Africa by the end of 2025, leveraging its existing global infrastructure. The proceeds from the minority stake acquisition in October 2016 will be strategically utilized to support these initiatives, allowing for increased investment in technology and customer engagement. This approach aligns with the company's vision to further establish its presence in the global charter market.


Current Investors

Alcuin Capital Partners

Primary Industry

Transportation Services

Sub Industries

Airlines & Air Travel

Website

www.aircharter.co.uk

Company Stage

Mature - Buyout

Total Amount Raised

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Air Charter Service Plc - timeline of key events

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Air Charter Service Plc - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
BuyoutCompletedAir Charter Service Plc-

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Air Charter Service Plc - employee data

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